| OTCQX: CRFT |
| Sectors: |
| Consumer Durables |
| Home Furnishings & Fixtures |
| Retail - Specialty |
| Specialty Retail, Other |
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| Investment Style: |
Value
Alternative
Cash Flow
Growth
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| Highlights: |
 Craftmade's January 2008 acquisition of Woodard, LLC has broadened its collection of home furnishing and home décor products. Woodard is a strategic addition to the Company's growing outdoor product lines and immediately expands the company’s presence in the growing hospitality market. Leveraging its core design, marketing and distribution competencies, Craftmade has diversified its large product offering, expanded its retail customer base and entered into new independent distribution channels.
Sales and related expenses for Craftmade are segmented by two distinct markets: Specialty retailers and Mass merchandisers.
The Specialty market segment of Craftmade’s business includes its two flagship trademarks: Craftmade and Woodard which encompass product lines ranging from ceiling fans and light kits to light bulbs, door chimes and chandeliers. It also includes products in the Woodard, Lyon Shaw and Woodard Landgrave™ lines of outdoor patio furniture. The Specialty segment’s products are marketed through specialized lighting showrooms, major retail chains, electrical wholesalers and patio dealers.
The company’s Mass segment sales consists of indoor lighting, outdoor lighting, portable lamps, fan accessories, outdoor patio furniture and home décor items sold to mass merchandisers, typically marketed under the retailers’ own trade names.Craftmade’s renowned ceiling fan product line has one of the lowest return rates in the industry and the Company continues to gain market share in the lighting showroom channel through new product introductions. During 2009, the Company introduced well over 100 new products. Additionally, its broad range of products has allowed the Company to realize cross-selling opportunities to existing showroom customers. For over 20 years, Craftmade has built its reputation on developing innovative products and merchandising systems. Moreover, the Company offers the highest level of product quality, customer service and enduring value. |
| Summary: |
Craftmade International, Inc., founded in 1985 and based in Coppell, Texas designs, manufactures, distributes and markets a broad range of home decor products, including proprietary ceiling fans, lighting products and outdoor furniture. The Company distributes its premium products through independent showrooms and mass retail customers through its headquarters and distribution facility in Coppell, Texas and manufacturing plant in Owosso, Michigan.
Trade Source International, Inc. ("TSI"), a wholly-owned Craftmade subsidiary, is an international wholesale distributor of outdoor lighting fixtures, bath lighting and ceiling fans to mass merchandisers. These products are sold under private labels as well as TSI's own "Prime" brand name.
Craftmade has received many distinctions from both financial and consumer publications. The Company has been chosen 8 times in the "Top 200 Best Small Companies in America" list in Forbes magazine since 1990. |
News: |
| Feb 01, 2010 |
Craftmade International, Inc. Completes Filings Required to Voluntarily Deregister its Common Stock with the Securities and Exchange Commission
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| Jan 15, 2010 |
Craftmade International, Inc. Board Unanimously Rejects Unsolicited Proposal from Litex Industries, Ltd.
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| Nov 11, 2009 |
Craftmade International Announces Net Sales and Earnings Results For Its Fiscal 2010 First Quarter
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| Nov 11, 2009 |
Craftmade International Announces Fiscal First Quarter 2010 Earnings Conference Call and Webcast
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| Nov 09, 2009 |
Craftmade International, Inc. to Move its Stock Listing to OTCQX
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